Viviana Power Tech Faces Trading Challenges Amid Significant Stock Decline and Low Investor Engagement
Viviana Power Tech Ltd, a microcap in the Other Electrical Equipment sector, faced notable trading activity as its stock reached the lower circuit limit, closing at Rs 1131.45. The session saw decreased investor participation and a decline in delivery volume, reflecting a challenging trading environment for the company.
Viviana Power Tech Ltd, a microcap company in the Other Electrical Equipment industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price stood at Rs 1131.45, reflecting a notable decline of Rs 59.55, or 5.0%, from the previous session. The stock's performance today underperformed its sector, which saw a slight gain of 0.20%.The trading session recorded a total volume of 0.045 lakh shares, resulting in a turnover of approximately Rs 0.51 crore. The stock's price band was set at 5%, with the intraday low matching the last traded price of Rs 1131.45, indicating a lack of upward movement during the day.
In terms of moving averages, Viviana Power Tech's stock is currently higher than its 100-day and 200-day averages but lower than its 5-day, 20-day, and 50-day averages. Additionally, investor participation has seen a decline, with delivery volume dropping by 28.57% compared to the 5-day average.
Overall, Viviana Power Tech's performance today highlights a challenging trading environment, marked by a significant drop in stock value and reduced investor engagement.
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